MagnetOsc Turbo by ZuperView.comMagnetOsc Turbo - Multi-timeframe momentum analysis
Unlike conventional oscillators, MagnetOsc Turbo analyzes momentum on two independent timeframes simultaneously (e.g., 100-tick & 5-minute).
Why it matters: Momentum alignment across timeframes is a key signal of trend strength or turning points.
It provides bullish and bearish signals with alerts and works on any chart or timeframe. Blue marker = Bullish. Red marker = Bearish.
Pengayun
MagnetOsc Turbo by ZuperviewMagnetOsc Turbo - Multi-timeframe momentum analysis
Unlike conventional oscillators, MagnetOsc Turbo analyzes momentum on two independent timeframes simultaneously (e.g., 100-tick & 5-minute).
Why it matters: Momentum alignment across timeframes is a key signal of trend strength or turning points.
MO and Stoch GOLD H4 V1 – Kim TradingMO and Stoch GOLD H4 V1 – Kim Trading
Slogan: “Trading Is a Profession, Trading Is Life”
Market: XAUUSD (spot gold) • Timeframe: H4 (4 hours)
Entry/Exit Rules
When a B, B1★ … (buy) or S, S1★ … (sell) signal appears, first reference the prevailing trend and consider applying DCA in the direction of that trend. In addition, combine with other methods to build the most optimal setup.
Signal Confidence Tiers
B — S
B1★ — S1★
B2★ — S2★
B3★ — S3★
Enter trades only when one of the four signal types above is printed.
Author: Kim Trading • Version: V1 • Date: 2025-08-22
#XAUUSD #Gold #H4 #MO #Stoch #KimTrading
MO and Stoch GOLD H4 – Kim Trading MO and Stoch GOLD H4 V1 – Kim Trading
Slogan: “Trading Is a Profession, Trading Is Life”
Market: XAUUSD (spot gold) • Timeframe: H4 (4 hours)
Entry/Exit Rules
When a B, B1★ … (buy) or S, S1★ … (sell) signal appears, first reference the prevailing trend and consider applying DCA in the direction of that trend. In addition, combine with other methods to build the most optimal setup.
Signal Confidence Tiers
B — S
B1★ — S1★
B2★ — S2★
B3★ — S3★
Enter trades only when one of the four signal types above is printed.
Author: Kim Trading • Version: V1 • Date: 2025-08-22
#XAUUSD #Gold #H4 #MO #Stoch #KimTrading
FUMO 200 MagnetWhat it does
FUMO Magnet measures how far price has stretched away from its long-term “magnet” — a blended EMA/SMA moving average (200 by default).
It plots a logarithmic deviation (optionally normalized) as an oscillator around zero.
Above 0** → price is above the magnet (stretched up)
Below 0** → price is below the magnet (stretched down)
Guide levels** highlight potential overbought/oversold zones
---
Why log deviation?
Log returns make extremes comparable across cycles and compress exponential trends — especially useful for BTC and other crypto assets.
Normalization modes further adjust the scale, keeping the oscillator readable on any chart.
---
Inputs
**Base**
* Source (default: Close)
* Base Length (default: 200 EMA/SMA)
* EMA vs SMA weight (%) — 0% = pure SMA, 100% = pure EMA, 50% = blended
* EMA smoothing of deviation — acts as a noise filter
**Normalization**
* None (Log Deviation) — raw log stretch in % terms
* Z-score — deviation in standard deviations (σ)
* Robust Z (MAD) — deviation vs median absolute deviation, resistant to outliers
* Tanh squash — smooth nonlinear squash of extremes for compact scale
* Normalization window (for Z / MAD)
* Tanh scale (lower = stronger squash)
* Clamp after normalization — hard cap at ±X
**Levels**
* Guide levels (Upper / Lower) — visual thresholds (default ±12)
* Zero line toggle
---
### How to read it
* **Trend bias**: sustained time above 0 = uptrend, below 0 = downtrend
* **Stretch / mean reversion**: the farther from 0, the higher the reversion risk
* **Cross-checks**: combine with structure (HH/HL, LH/LL), volume, or momentum (RSI, MACD)
---
### Recommended settings by timeframe
**Long-term (1D / 1W)**
* Normalization: None (Log Deviation)
* Base Length: 200
* EMA vs SMA weight: 50% (adjust 35–65% for faster/slower magnet)
* Deviation smoothing: 20 (10–30 range)
* Guide levels: ±12 to ±20
* Use case: cycle extremes, portfolio rebalancing, trim/add logic
**Swing (4H – 1D)**
* Normalization: Z-score
* Window: 200 (100–250)
* Smoothing: 14–20
* Guide levels: ±2σ to ±3σ
* Use case: stretched conditions across regimes; ±3σ is rare, often mean-reverts
**Intraday / Active swing (1H – 4H)**
* Normalization: Robust Z (MAD)
* Window: 200 (150 for faster response)
* Smoothing: 10–16
* Guide levels: ±3 to ±4 (robust units)
* Use case: handles spikes better than σ, fewer false overbought/oversold signals
**Scalping / Universal readability (15m – 1H)**
* Normalization: Tanh squash
* Tanh scale: 6–10 (start with 8)
* Smoothing: 8–12
* Guide levels: ±8 to ±12
* Use case: compact panel across assets and timeframes; not % or σ, but visually consistent
---
### Optional
* Clamp: enable ±20 (or ±25) for strict bounded range (useful for public charts)
---
### Quick setups
**BTC Daily (“cycle view”)**
* Normalization: None
* Blend: 50%
* Smooth: 20
* Levels: ±12–15
**BTC 4H (“swing”)**
* Normalization: Z-score
* Window: 200
* Smooth: 16
* Levels: ±2.5σ to ±3σ
**Alts 1H (“volatile”)**
* Normalization: Robust Z (MAD)
* Window: 200
* Smooth: 12
* Levels: ±3.5 to ±4.5
**Mixed assets 15m (“compact panel”)**
* Normalization: Tanh squash
* Scale: 8
* Smooth: 10
* Levels: ±8–12
* Clamp: ±20
MagnetOsc Turbo by ninZa.coMagnetOsc Turbo - Multi-timeframe momentum analysis
Unlike conventional oscillators, MagnetOsc Turbo analyzes momentum on two independent timeframes simultaneously (e.g., 100-tick & 5-minute).
Why it matters: Momentum alignment across timeframes is a key signal of trend strength or turning points.
Sniper-2025 Sniper-2025 Indicator Explanation
Overview
The Sniper-2025 indicator is a versatile technical analysis tool designed for TradingView, combining a Hyper Wave oscillator, Smart Money Flow analysis, divergence detection, reversal signals, confluence visualization, and a machine learning-based k-Nearest Neighbors (k-NN) prediction model. It provides traders with actionable buy and sell signals, trend insights, and confluence indicators to enhance decision-making across various trading strategies. The indicator is highly customizable, allowing users to adjust sensitivity, colors, and display options to suit their preferences.
Key Features
1. Hyper Wave Oscillator: A normalized oscillator based on price data, smoothed with either a Simple Moving Average (SMA) or Exponential Moving Average (EMA), highlighting momentum and potential reversal points.
2. Smart Money Flow: Tracks bullish and bearish money flow using a smoothed Money Flow Index (MFI), providing insights into market strength and direction.
3. Divergence Detection: Identifies bullish and bearish divergences between price and the oscillator, with optional labels displaying price levels.
4. Reversal Signals: Detects major and minor reversal conditions based on volume, oscillator values, and RSI, visualized as triangles and circles on the chart.
5. Confluence Meter and Areas: Visualizes alignment between the oscillator and MFI, indicating bullish or bearish confluence with customizable colors and shaded areas.
6. Signal and Divergence Labels: Displays labels for key oscillator levels (e.g., Z-Buy, Z-V-Sell) and money flow conditions (e.g., C-Buy, T-Sell) with customizable visibility and sizes.
7. Trend and Control Table: Shows the current trend (Bullish/Bearish) and control (Bull/Bear) in a customizable table positioned on the chart.
8. k-NN Prediction: Uses a k-Nearest Neighbors algorithm to predict price movement direction based on RSI indicators, with adjustable prediction sensitivity.
9. Gradient Fills and Alerts: Visualizes overbought and oversold zones with gradient fills and provides alert conditions for key crossovers and crossunders.
How It Works
- Hyper Wave Oscillator: The oscillator is calculated by normalizing the close price relative to the highest, lowest, and average prices over a user-defined length (default: 15). It is smoothed using SMA or EMA (default: SMA, length 3) to generate a signal line. Crossovers and crossunders of the oscillator and signal line are plotted as circles, indicating potential buy or sell signals.
- Smart Money Flow: The MFI is calculated over a user-defined length (default: 10) and smoothed (default: 6). It tracks bullish (positive) or bearish (negative) money flow, with colors changing based on direction (blue for bullish, red for bearish). The indicator compares current MFI to its historical average to identify strong trends.
- Divergence Detection: The script identifies divergences by comparing oscillator peaks/troughs with price highs/lows. Bullish divergences (price makes lower lows, oscillator does not) and bearish divergences (price makes higher highs, oscillator does not) are plotted as lines, with optional labels showing the divergence type and price.
- Reversal Signals: Major reversals are detected when volume exceeds a threshold (based on a 7-period SMA and reversal factor, default: 4) and the oscillator exceeds ±4. Minor reversals consider RSI (±20) and oscillator crossovers. Signals are plotted as triangles (major) or circles (minor), with blue for bullish and red for bearish.
- Confluence Meter and Areas: The confluence meter, displayed on the right, shows alignment between the oscillator and MFI using a gradient from red (bearish) to blue (bullish). Shaded areas at ±55 highlight strong bullish or bearish confluence when both indicators align.
- Signal and Divergence Labels: Labels are plotted on the candlestick chart when the oscillator crosses key levels (±20, ±40) or when money flow conditions are met (e.g., MFI crossing 0 or ±20/±40). Users can toggle label visibility and adjust sizes (Small, Normal, Large, Huge).
- Trend and Control Table: A table displays the trend (based on oscillator SMA) and control (based on MFI direction), with customizable position (default: Top Right), text color, and background color. Sensitivity for trend and control calculations can be adjusted.
- k-NN Prediction: The k-NN algorithm predicts price movement direction by comparing current RSI values (5-period and 20-period WMAs) to historical data. The number of neighbors (default: 200) and trend length (default: 20) control prediction sensitivity. A green line shows the prediction, with gradient fills indicating overbought (lime) and oversold (red) zones.
- Gradient Fills and Alerts: Gradient fills highlight the prediction's position relative to overbought/oversold zones, calculated using a 2000-period lookback and standard deviation. Alerts are triggered for crossovers/crossunders of the prediction line with its WMA, overbought/oversold levels, or the zero line.
Usage Instructions
1. Add the Sniper-2025 indicator to your TradingView chart.
2. Interpret signals:
- Z-Buy/Z-V-Buy (green labels): Potential buy signals when the oscillator crosses below -20/-40.
- Z-Sell/Z-V-Sell (red labels): Potential sell signals when the oscillator crosses above 20/40.
- C-Buy/C-Sell (green/red labels): Money flow shifts to bullish/bearish when MFI crosses 0.
- T-Buy/T-Sell (green/red labels): Money flow crosses ±20, indicating stronger trends.
- T-V-Buy/T-V-Sell (green/red labels): Money flow crosses ±40, indicating very strong trends.
- Divergence Labels: Green (D-Bullish) or red (D-Bearish) labels indicate potential reversals.
- Reversal Signals: Blue triangles/circles for bullish reversals, red for bearish.
- Confluence Meter: Blue (bullish) or red (bearish) gradient indicates alignment strength.
- Table: Check "Trend" and "Control" for market direction (🟩/🟥 for trend, 🟢/🔴 for control).
- k-NN Prediction: Green line above 0 suggests bullish momentum; below 0 suggests bearish. Watch for crossovers with the WMA or overbought/oversold zones.
3. Set alerts for crossovers/crossunders of the prediction line, oscillator, or MFI to automate trading signals.
Customization Options
- Hyper Wave: Adjust Main Length (mL, default: 15) for oscillator sensitivity, Signal Type (sT, SMA/EMA), and Signal Length (sLHW, default: 3). Customize colors and transparency.
- Smart Money Flow: Set Money Flow Length (mfL, default: 10) and Smooth (mfS, default: 6) for MFI sensitivity. Choose bullish/bearish colors.
- Divergence: Modify Divergence Sensibility (dvT, default: 20) for short-term (lower) or long-term (higher) divergences. Toggle visibility and price display on labels.
- Reversal: Adjust Reversal Factor (rsF, default: 4) for signal strength (higher = fewer, stronger signals). Set colors for bullish/bearish signals.
- Confluence: Toggle Confluence Meter (sCNF) and Areas (sCNB), and customize colors.
- Labels: Enable/disable specific signal labels (e.g., showZBuy, showHSell) and adjust Label Size (default: Normal).
- Table: Toggle Trend and Control display, adjust sensitivities, and set position and colors.
- k-NN Prediction: Adjust Prediction Data (numNeighbors, default: 200) for sensitivity and Trend Length (momentumWindow, default: 20) for responsiveness.
Conclusion
The Sniper-2025 indicator is a powerful tool for traders seeking a comprehensive analysis of price momentum, money flow, divergences, reversals, and predictive signals. Its customizable settings and clear visualizations make it suitable for both novice and experienced traders. Use the indicator to identify high-probability trading opportunities, monitor market trends, and refine strategies with its machine learning-driven predictions.
SMT - Squeeze Momentum Trend📊 Squeeze Momentum Trend
An indicator that combines volatility, momentum, and trend to anticipate the market’s strongest moves. 🚀
✅ Squeeze → when Bollinger Bands tighten inside the Keltner Channel: the market is in compression, ready to “explode”.
✅ Momentum → shows direction and strength (green = bullish push, red = bearish push).
✅ Trend Filter → confirms direction using a higher timeframe EMA (to avoid false signals).
💡 In practice:
🔥 If price breaks out of a squeeze with positive momentum → potential long breakout.
❄️ If it breaks out with negative momentum → potential short breakout.
📌 Perfect for spotting key moments when the market stops “resting” and makes its next big move.
SMA+MACD+RSI+Stoch Entry📌 Tools Used:
• SMA 21, SMA 50, SMA 200
• MACD (12, 26, 9)
• Pivot Point Standard
• RSI (length 75)
• Stochastic (14, 3, 3)
Trading Timeframe:
• Usable on all timeframes
Chart Preparation:
• Analyze the overall market trend and the instrument being traded
• Set an appropriate timeframe according to the market
• Apply SMA 21, SMA 50, SMA 200
• Apply MACD and Pivot Point Standard
• Ensure a proper market trend by checking the position of SMA 21, SMA 50, and SMA 200 relative to each other
If there are too many crossings between SMA 21, SMA 50, and SMA 200, do not enter any trades until the market trend stabilizes
Conditions for Entering a Long Trade (Bullish Trigger):
• Candle closes above the pivot line
• Confirm an uptrend by checking that SMA 21 is above SMA 50, and SMA 50 is above SMA 200
• RSI is above the midpoint
• Presence of a suitable corrective step with normal slope, considering the strength of the previous step
• MACD histogram indicates bullish momentum
• Stochastic shows a bullish crossover from below
Conditions for Entering a Short Trade (Bearish Trigger):
• Candle closes below the pivot line
• Confirm a downtrend by checking that SMA 21 is below SMA 50, and SMA 50 is below SMA 200
• RSI is below the midpoint
• Presence of a suitable corrective step with normal slope, considering the strength of the previous step
• MACD histogram indicates bearish momentum
• Stochastic shows a bearish crossover from above
ETH Valuation Indicator╔═══════════════════════ RUBIXCUBE ════════════════════════════╗
This indicator combines multiple on-chain and market-based metrics into a single valuation score for Ethereum. It highlights periods of relative undervaluation (green zones) and overvaluation (red zones) by normalising several metrics into a 0–1 range and averaging them.
Price chart signals (top panel): Green arrows mark points where the indicator flagged historically attractive buying opportunities.
Valuation oscillator (bottom panel): Shows the combined score over time, cycling between undervalued and overvalued extremes.
Metric breakdown (side panel): Displays the contribution of each metric, their rate of change, and their current score.
This tool is designed for macro insight, not short-term trading. It helps contextualise Ethereum’s position in the market cycle and provides a data-driven framework for long-term investors.
╚═══════════════════════════════════════════════════════════╝
BTC Valuation Indicator╔═══════════════════ RUBIXCUBE ══════════════════════╗
This indicator combines multiple on-chain and market-based metrics into a single valuation score for Bitcoin. It highlights periods of relative undervaluation (green zones) and overvaluation (red zones) by normalising several metrics into a 0–1 range and averaging them.
- Price chart signals (top panel): Green arrows mark points where the indicator flagged historically attractive buying opportunities.
- Valuation oscillator (bottom panel): Shows the combined score over time, cycling between undervalued and overvalued extremes.
- Metric breakdown (side panel): Displays the contribution of each metric, their rate of change, and their current score.
This tool is designed for macro insight, not short-term trading. It helps contextualise Bitcoin’s position in the market cycle and provides a data-driven framework for long-term investors.
╚═════════════════════════════════════════════════╝
Advanced RSI — Mark 4 RSI was introduced by J. Welles Wilder Jr. in 1978 in New Concepts in Technical Trading Systems. It measures the velocity of gains vs. losses on a bounded 0–100 scale and popularized the 14-period lookback with 70/30 guide rails for overbought/oversold. Over time, traders added variations (different lengths, thresholds, smoothing, adaptive levels), but the core idea stayed the same: momentum turns often precede price turns.
and i initially started to make minor adjustments for personal use like changing the default to 17 , and using Tradingviews official RSI which comes with a MA embedded. but it was not enough. especially the visuals.
so, for this public release Mark 4 i enhanced RSI by incorporating :
1. Dual-Length Fusion
Two RSI periods (default 17 + 21) blended then lightly smoothed (TEMA by default) → steadier
line without dulling turns.
2. Adaptive OB/OS (ATR-aware) for fewer whipsaws.
3. OB/OS alt solution:
Brief yellow segments appear only at local extremes (default: >72 tops, <32 bottoms) to
emphasize exhaustion without repainting the whole line.
4. Signals you can actually see
Triangle markers for:
Bullish: RSI crossing up through adaptive OS (and still <40 at the cross).
Bearish: RSI crossing down through adaptive OB (and still >60 at the cross).
“Strong Bull/Bear” background nudges appear when momentum is pushing beyond the
bands.
Optional Divergence Tags
and
Tiny diamonds to flag potential bullish/bearish divergences (look-back based).
Info Table (can be hidden)
my Fav feature i included 5 colorways with modern themes.(pls check under INPUTS)
and i made all that to make the indicator visualization look awesome on high end displays.
Credits & acknowledgment
Inspired by the original RSI by J. Welles Wilder Jr. (1978).
Built to be modern, focused, and comfortable for long sessions—especially on dark/OLED displays.
THIS INDICATOR IS MORE THAN ENOUGH BUT I DO HAVE PRIVATE INDICATORS WITH DIFFERENT LOGIC FUNCTIONS.
I'm open for feedback/collaboration.
drsamc.
Exit SIGNALWhen an asset is overbought, using various methods, CCI, RSI, etc, this indicator paints candles red to signify that a potential top is forming. It is normal when the trend is very strong to see 2 or 3 candles turn red before the top is in. I like to use this to narrow down when to take profits. It's not the most sophisticated and fancy script but it gets it's job done well. :]
If you have any questions about the indicator or wish to try it out yourself for free, comment below or DM me, thanks!
Building a profitable strategy is all about combining various factors, I'm a hybrid trader meaning I mostly learned to trade with price action and smart money concepts only at first however I then learned pinescript and added my own indicators I have personalized to create various strategies, especially when it comes to helping me know when trend has reversed as soon as possible with as little false flags as possible.
VSOVSO
This is similar to LazyBear's WaveTrend oscillator but handles momentum calculation differently and has some extra components for trade analysis.
The oscillator calculates an adaptive mean, then measures how far price deviates from that mean. Instead of just looking at raw deviation, it normalizes this by dividing by smoothed absolute deviation values.
The key difference is how it separates momentum - it splits the deviation into positive (up) and negative (down) components, then applies directional strength smoothing to each separately before combining them:
100 * (up_strength - down_strength) / (up_strength + down_strength)
This directional strength calculation gives more weight to sustained moves in either direction rather than just price volatility. The result is the main Momentum Wave oscillating between -100 and +100. The Signal Wave is just a smoothed version of this. The Momentum Gap shows the difference between them.
You'll see the Momentum Wave as a colored area/line with four color states, the Signal Wave as a white area, the Momentum Gap as a yellow line, the Drip Rate as cyan/purple area, and Velocity as a colored line at the bottom. The overbought/oversold zones are shaded, volatility bands adapt to current conditions, and major/minor signals show up as circles when the waves cross.
For trading, the Drip Rate is your long-term signal for bigger shifts. When it makes lower lows into resistance, look for reversals. Works great across multiple timeframes. Volatility squeezes signal big moves coming - use these with support/resistance and divergences. Top/bottom signals show momentum shifts and usually lead to pumps or drops.
Velocity shows breakout speed or rejections. Higher readings mean faster moves, regardless of direction. Wave colors reveal continuation patterns - green to purple to green means strong continuation up, red to cyan to red means continuation down.
The Momentum Gap can signal divergence on its own. The angle it crosses zero often hints at how fast the next move will be. When momentum goes outside the volatility bands, watch the next wave for divergence or confirmation.
Works best when you combine the Drip Rate across timeframes with squeeze setups and color changes for high-probability entries.
Works well with Heikin Ashi candles, or use the smoothed candle mode in the settings to mimic them. You can set the candle colors to the momentum wave colors as well, it can be helpful.
Here is a trade setup and how you can use it to take trades.
EMA21/SMA21 + ATR Bands SuiteThe EMA/SMA + ATR Bands Suite is a powerful technical overlay built around one of the most universally respected zones in trading: the 21-period moving average. By combining both the EMA21 and SMA21 into a unified framework, this tool defines the short-term mean with greater clarity and reliability, offering a more complete picture of trend structure, directional bias, and price equilibrium. These two moving averages serve as the central anchor — and from them, the script dynamically calculates adaptive ATR bands that expand and contract with market volatility. Whether you trade breakouts, pullbacks, or reversion setups, the 21 midline combined with ATR extensions offers a powerful lens for real-time market interpretation — adaptable to any timeframe or asset.
🔍 What's Inside?
✅ EMA21 + SMA21 Full Plots and Reduced-History Segments using arrays:
Enable full plots or segmented lines for the most recent candles only with automatic color coding. The reduced-history plots are perfect for reducing clutter on your chart.
✅ ATR Bands (2.5x & 5x):
Adaptive ATR-based volatility envelopes plotted around the midline (EMA21 + SMA21) to indicate:
🔸Potential reversion zones.
🔸Trend continuation breakouts.
🔸Dynamic support/resistance levels.
🔸 Expanding or contracting volatility states
🔸 Trend-aware color changes — yellow when both bands are rising, purple when falling, and gray when direction is mixed
✅ Dual MA Fills (EMA21/SMA21):
Visually track when short-term momentum shifts using a fill between EMA21 and SMA21
✅ EMA5 & EMA200 Labels:
Display anchored labels with rounded values + % difference from price, helping you track short-term + macro trends in real-time.
✅ Intelligent Bar Coloring
Bars are automatically colored based on both price direction and position relative to the EMA/SMA. This provides instant visual feedback on trend strength and structural alignment — no need to second-guess the market tone.
✅ Dynamic Close Line Tools:
Track recent price action with flexible close-following lines
✅ RSI Overlay on Candles:
Optional RSI + RSI SMA displayed above the current bar, with automatic color logic.
🎯 Use Cases
➖Trend Traders can identify when price is stacked bullishly across moving averages and breaking above ATR zones.
➖Mean Reversion Traders can fade extremes at 2.5x or 5x ATR zones.
➖Scalpers get immediate trend insight from colored bar overlays and close-following lines.
➖Swing Traders can combine multi-timeframe EMAs with volatility thresholds for higher confluence.
📌 Final Note:
As powerful as this script can be, no single indicator should be used in isolation. For best results, combine it with price action analysis, higher-timeframe context, and complementary tools like trendlines, moving averages, or support/resistance levels. Use it as part of a well-rounded trading approach to confirm setups — not to define them alone.
Guitar Hero [theUltimator5]The Guitar Hero indicator transforms traditional oscillator signals into a visually engaging, game-like display reminiscent of the popular Guitar Hero video game. Instead of standard line plots, this indicator presents oscillator values as colored segments or blocks, making it easier to quickly identify market conditions at a glance.
Choose from 8 different technical oscillators:
RSI (Relative Strength Index)
Stochastic %K
Stochastic %D
Williams %R
CCI (Commodity Channel Index)
MFI (Money Flow Index)
TSI (True Strength Index)
Ultimate Oscillator
Visual Display Modes
1) Boxes Mode : Creates distinct rectangular boxes for each bar, providing a clean, segmented appearance. (default)
This visual display is limited by the amount of box plots that TradingView allows on each indictor, so it will only plot a limited history. If you want to view a similar visual display that has minor breaks between boxes, then use the fill mode.
2) Fill Mode : Uses filled areas between plot boundaries.
Use this mode when you want to view the plots further back in history without the strict drawing limitations.
Five-Level Color-Coded System
The indicator normalizes all oscillator values to a 0-100 scale and categorizes them into five distinct levels:
Level 1 (Red): Very Oversold (0-19)
Level 2 (Orange): Oversold (20-29)
Level 3 (Yellow): Neutral (30-70)
Level 4 (Aqua): Overbought (71-80)
Level 5 (Lime): Very Overbought (81-100)
Customization Options
Signal Parameters
Signal Length: Primary period for oscillator calculation (default: 14)
Signal Length 2: Secondary period for Stochastic %D and TSI (default: 3)
Signal Length 3: Tertiary period for TSI calculation (default: 25)
Display Controls
Show Horizontal Reference Lines: Toggle grid lines for better level identification
Show Information Table: Display current signal type, value, and normalized value
Table Position: Choose from 9 different screen positions for the info table
Display Mode: Switch between Boxes and Fills visualization
Max Bars to Display: Control how many historical bars to show (50-450 range)
Normalization Process
The indicator automatically normalizes different oscillator ranges to a consistent 0-100 scale:
Williams %R: Converts from -100/0 range to 0-100
CCI: Maps typical -300/+300 range to 0-100
TSI: Transforms -100/+100 range to 0-100
Other oscillators: Already use 0-100 scale (RSI, Stochastic, MFI, Ultimate Oscillator)
This was designed as an educational tool
The gamified approach makes learning about oscillators more engaging for new traders.
CandelaCharts - Contango Slope Index 📝 Overview
The Contango Slope Index (CSI) is a volatility term structure analysis tool designed to quantify the slope of the VIX futures curve over time.
By measuring the rate of change in implied volatility across multiple tenors—such as VIX1D, VIX (1M), VIX3M, VIX6M, and VIX1Y—the CSI provides traders and analysts with real-time insights into market sentiment, risk appetite, and potential turning points in equity markets.
Developed by CandelaCharts, the CSI draws from established financial research on volatility term structures, particularly focusing on how contango (upward-sloping curve) and backwardation (downward-sloping curve) regimes correlate with future market behavior.
The index computes a normalized slope using linear regression across available VIX futures, offering a dynamic view of evolving market expectations. The core output a slope value expressed in annualized percentage points per year (%/yr)—represents the steepness of the volatility curve:
Positive slope: Contango regime, typically associated with market stability and complacency.
Negative slope: Backwardation, historically linked to fear, near-term uncertainty, and often preceding market rallies.
Slope crossing zero or key thresholds: Generates regime shifts and alert conditions.
📦 Features
The Contango Slope Index offers a comprehensive set of features for analyzing volatility dynamics:
Multi-Tenor Volatility Input: Users can select which VIX futures contracts to include in the slope calculation: VIX, VIX1D, etc
Dynamic Slope Calculation: The indicator calculates the slope of the VIX term structure using linear regression on time-to-maturity (TTM) vs. volatility levels.
Moving Average Overlay: A configurable moving average (SMA, EMA, RMA, WMA, VWMA) is applied to the smoothed slope to identify trend direction and momentum shifts.
Regime Classification: Based on the slope value and its relationship to the moving average, the CSI classifies current market conditions into distinct regimes.
Visual Enhancements: Color-coded slope line, background shading, etc
Real-Time Label & Tooltip: On the last bar, a dynamic label displays: Current regime, Slope value and direction, etc
⚙️ Settings
VIX: Toggles use of spot VIX index (CBOE_DLY:VIX).
VIX1D: Toggles use of 1-day VIX futures (CBOE_DLY:VIX1D).
VIX3M: Toggles use of 3-month VIX futures (CBOE_DLY:VIX3M).
VIX6M: Toggles use of 6-month VIX futures (CBOE_DLY:VIX6M).
VIX1Y: Toggles use of 1-year VIX futures (CBOE_DLY:VIX1Y).
MA: Enables moving average filter; options include type (SMA, etc.) and period length.
Slope: Defines slope calculation line thickness and colors.
Bg: Enables background shading with customizable colors.
⚡️ Showcase
Slope Line
Customizable Moving Average
Regime Shift Zones
📒 Usage
The CSI is plotted as a standalone oscillator beneath the price chart (non-overlay mode). Key interpretation guidelines:
Slope Direction
Slope < 0 - Backwardation: Indicates near-term volatility is higher than long-term expectations. Historically, this has preceded equity market rallies, as panic subsides and fear peaks.
Slope > 0 - Contango: Reflects normal market conditions where longer-dated volatility is priced higher. Persistent high contango may signal complacency.
Magnitude of Slope
Slope > 0.0232 (%/yr) - Elevated complacency: The term structure is steeper than historical average—caution advised ahead of potential corrections.
Slope near 0 - Neutral or transitioning regime: Markets may be at inflection points.
Slope vs. MA Crossover
Slope crosses above MA: Improving confidence, potential upside acceleration
Slope crosses below MA: Deteriorating structure, rising stress
🚨 Alerts
Six pre-configured alerts are available for integration into trading systems:
🚨 Backwardation Detected – Slope turns negative
🔚 Exit Backwardation – Slope crosses above zero
⚠️ Elevated Complacency – Slope exceeds 2.32%/yr
📈 Potential Bullish Setup – Slope crosses below zero
✅ Slope Crosses Above MA – Momentum improves
⚠️ Slope Crosses Below MA – Momentum deteriorates
⚠️ Disclaimer
These tools are exclusively available on the TradingView platform.
Our charting tools are intended solely for informational and educational purposes and should not be regarded as financial, investment, or trading advice. They are not designed to predict market movements or offer specific recommendations. Users should be aware that past performance is not indicative of future results and should not rely on these tools for financial decisions. By using these charting tools, the purchaser agrees that the seller and creator hold no responsibility for any decisions made based on information provided by the tools. The purchaser assumes full responsibility and liability for any actions taken and their consequences, including potential financial losses or investment outcomes that may result from the use of these products.
By purchasing, the customer acknowledges and accepts that neither the seller nor the creator is liable for any undesired outcomes stemming from the development, sale, or use of these products. Additionally, the purchaser agrees to indemnify the seller from any liability. If invited through the Friends and Family Program, the purchaser understands that any provided discount code applies only to the initial purchase of Candela's subscription. The purchaser is responsible for canceling or requesting cancellation of their subscription if they choose not to continue at the full retail price. In the event the purchaser no longer wishes to use the products, they must unsubscribe from the membership service, if applicable.
We do not offer reimbursements, refunds, or chargebacks. Once these Terms are accepted at the time of purchase, no reimbursements, refunds, or chargebacks will be issued under any circumstances.
By continuing to use these charting tools, the user confirms their understanding and acceptance of these Terms as outlined in this disclaimer.
CandelaCharts - Dip Index 📝 Overview
The Dip Index (DIPX) is a market breadth oscillator designed to identify market dips by measuring the percentage of assets within a chosen index or asset class that are trading above a specified moving average (such as the 50, 100, 150, or 200-period).
By highlighting when fewer assets remain above their averages, DIPX helps traders detect potential dip opportunities and assess overall market strength or weakness.
While commonly applied to equities, the indicator is adaptable to various financial instruments, including exchange-traded funds (ETFs), commodities, cryptocurrencies, and even fixed-income securities.
Assess the overall health of a market by measuring internal participation in price moves.
Detect overbought or oversold conditions when momentum becomes concentrated or overly extended.
Generate actionable signals when the index exits extreme levels, suggesting renewed momentum or potential exhaustion.
📦 Features
Multiple Indices: Supports SP500, Nasdaq, DJI, Russel2000, and sector-specific S&P indices.
Dynamic MA Selection: Choose from SMA, EMA, RMA, WMA, VWMA with configurable lengths.
Visual Customization: Full control over colors, line styles, text size, and branding.
Signal Markers: Triangle markers appear when exiting overbought/oversold zones.
Gradient & Background Fill: Visual highlighting of extreme market conditions.
Overlay Mode Option: Can display OB/OS background as chart overlay.
⚙️ Settings
Market: Chooses the index or asset class to measure.
MA: Enables moving average filter; options include type (SMA, EMA, etc.) and period length.
Oversold: Defines the lower threshold (default: 20) with customizable color.
Overbought: Defines the upper threshold (default: 80) with customizable color.
DIPX Line: Sets the thickness and color of the Dip Index line.
Mode: Selects display type (Line, Cross, Circle, Stepline, etc.).
Signals: Toggles buy/sell signal markers with customizable colors.
OB/OS Zones: Enables highlighting of Overbought/Oversold zones.
OB/OS Overlay: Toggles overlay shading for Overbought/Oversold zones.
⚡️ Showcase
Overbought/Oversold
Modes
Overbought/Oversold Zones
Signals
Overlay
📒 Usage
How to use DIPX effectively in trading and analysis, including interpretation, signal usage, strategic applications, and best practices.
DIPX outputs values from 0% to 100%, reflecting how widely participation extends across the underlying assets in an index or basket.
1. Assessing Market Health
Use DIPX to evaluate whether price moves are supported by broad participation:
In a bull trend, confirm strength by checking if DIPX stays above 50%.
In a bear trend, watch for rebounds in DIPX to spot temporary relief rallies.
2. Detecting Divergences
Divergence occurs when the price trend and DIPX trend disagree — often a precursor to reversal.
Bearish Divergence: Price makes higher highs; DIPX makes lower highs -> Momentum weakening - potential top
Bullish Divergence: Price makes lower lows; DIPX makes higher lows -> Selling pressure fading - potential bottom
How to Spot It:
Overlay DIPX on the same chart as the index price.
Use trendlines or horizontal markers to compare swing points.
Focus on weekly or daily timeframes for reliability.
3. Signal-Based Entries/Exits
When enabled (Signals = true) , DIPX generates triangle markers when exiting extreme zones:
Bullish Triangle (▲): DIPX crosses above Oversold Value (e.g., 20%, 30%) -> Green upward triangle
Bearish Triangle (▼): DIPX crosses below Overbought Value (e.g., 80%, 70%) -> Red downward triangle
4. Timeframe Guidance
1m – 4h: ❌ Not Recommended - DIPX uses daily-aggregated data;
Daily (D): ✅ Strongly Recommended - Matches data frequency; clearest signals
Weekly (W): ✅ Acceptable - Ideal for macro analysis and long-term positioning
Monthly (M): ⚠️ Limited Use - Too slow for active trading; useful for big-picture context
By integrating DIPX into your analysis, you gain a powerful lens into market internals — helping you distinguish between broad-based strength and narrow leadership, regardless of asset class.
🚨 Alerts
The indicator does not provide any alerts!
⚠️ Disclaimer
These tools are exclusively available on the TradingView platform.
Our charting tools are intended solely for informational and educational purposes and should not be regarded as financial, investment, or trading advice. They are not designed to predict market movements or offer specific recommendations. Users should be aware that past performance is not indicative of future results and should not rely on these tools for financial decisions. By using these charting tools, the purchaser agrees that the seller and creator hold no responsibility for any decisions made based on information provided by the tools. The purchaser assumes full responsibility and liability for any actions taken and their consequences, including potential financial losses or investment outcomes that may result from the use of these products.
By purchasing, the customer acknowledges and accepts that neither the seller nor the creator is liable for any undesired outcomes stemming from the development, sale, or use of these products. Additionally, the purchaser agrees to indemnify the seller from any liability. If invited through the Friends and Family Program, the purchaser understands that any provided discount code applies only to the initial purchase of Candela's subscription. The purchaser is responsible for canceling or requesting cancellation of their subscription if they choose not to continue at the full retail price. In the event the purchaser no longer wishes to use the products, they must unsubscribe from the membership service, if applicable.
We do not offer reimbursements, refunds, or chargebacks. Once these Terms are accepted at the time of purchase, no reimbursements, refunds, or chargebacks will be issued under any circumstances.
By continuing to use these charting tools, the user confirms their understanding and acceptance of these Terms as outlined in this disclaimer.
Trusty RSI v2The 'Trusty RSI' indicator is based off a simple RSI but has additional trust power. For those who have trust issues in their trading, the flashy background colors and the 'Trusty' signals help you trade with infinite confidence! This indicator might revolutionize your trading and will help you become generationally wealthy! Please have fun with it!
On a more serious note, The Trusty RSI is a streamlined RSI-based oscillator designed to highlight only meaningful extremes. The pane is colored red when RSI > 80 and green when RSI < 30, while “Trusty Sell/Buy” labels appear only after three consecutive bars in those zones to reduce noise. It includes 80/55/30 guide levels with pane fill and offers optional smoothing of the RSI line via SMA or EMA (user-selectable length). Suitable for any symbol and timeframe; thresholds and lengths are configurable to fit different risk tolerances.
FluidFlow OscillatorFluidFlow Oscillator: Study Material for Traders
Overview
The FluidFlow Oscillator is a custom technical indicator designed to measure price momentum and market flow dynamics by simulating fluid motion concepts such as velocity, viscosity, and turbulence. It helps traders identify potential buy and sell signals along with trend strength, momentum direction, and volatility conditions.
This study explains the underlying calculation concepts, signal logic, visual cues, and how to interpret the professional dashboard table that summarizes key indicator readings.
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How the FluidFlow Oscillator Works
Core Mechanisms
1. Price Flow Velocity
o Measures the rate of change of price over a specified flow length (default 40 bars).
o Calculated as a percentage change of closing price: roc=close−closelen_flowcloselen_flow×100\text{roc} = \frac{\text{close} - \text{close}_{len\_flow}}{\text{close}_{len\_flow}} \times 100roc=closelen_flowclose−closelen_flow×100
o Smoothed by an EMA (Exponential Moving Average) to reduce noise, generating a "flow velocity" value.
2. Viscosity Factor
o Analogous to fluid viscosity, it adjusts the flow velocity based on recent price volatility.
o Volatility is computed as the standard deviation of close prices over the flow length.
o The viscosity acts as a damping factor to slow down the flow velocity in highly volatile conditions.
o This results in a "flow with viscosity" value, that smooths out the velocity considering market turbulence.
3. Turbulence Burst
o Captures sudden changes or bursts in the flow by measuring changes between successive viscosity-adjusted flows.
o The turbulence value is a smoothed absolute change in flow.
o A burst boost factor is added to the oscillator to incorporate this rapid change component, amplifying signals during sudden shifts.
4. Oscillator Calculation
o The raw oscillator value is the sum of flow with viscosity plus burst boost, scaled by 10.
o Clamped between -100 and +100 to limit extremes.
o Finally, smoothed again by EMA for cleaner visualization.
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Signal Logic
The oscillator works with complementary components to produce actionable signals:
• Signal Line: An EMA-smoothed version of the oscillator for generating crossover-based signals.
• Momentum: The rate of change of the oscillator itself, smoothed by EMA.
• Trend: Uses fast (21-period EMA) and slow (50-period EMA) moving averages of price to identify market trend direction (uptrend, downtrend, or sideways).
Signal Conditions
• Bullish Signal (Buy): Oscillator crosses above the oversold threshold with positive momentum.
• Bearish Signal (Sell): Oscillator crosses below the overbought threshold with negative momentum.
Statuses
The oscillator provides descriptive market states based on level and momentum:
• Overbought
• Oversold
• Buy Signal
• Sell Signal
• Bullish / Bearish (momentum-driven)
• Neutral (no clear trend)
________________________________________
Color System and Visualization
The oscillator uses a sophisticated HSV color model adapting hues according to:
• Oscillator value magnitude and sign (positive or negative)
• Acceleration of oscillator changes
• Smooth color gradients to facilitate intuitive understanding of trend strength and momentum shifts
Background colors highlight overbought (red tint) and oversold (green tint) zones with transparency.
________________________________________
How to Understand the Professional Dashboard Table
The FluidFlow Oscillator offers an integrated table at the bottom center of the chart. This dashboard summarizes critical indicator readings in 8 columns across 3 rows:
Column Description
SIGNAL Current signal status (e.g., Buy, Sell, Overbought) with color coding
OSCILLATOR Current oscillator value (-100 to +100) with color reflecting intensity and direction
MOMENTUM Momentum bias indicating strength/direction of oscillator changes (Strong Up, Up, Sideways, Down, Strong Down)
TREND Current trend status based on EMAs (Strong Uptrend, Uptrend, Sideways, Downtrend, Strong Downtrend)
VOLATILITY Volatility percentage relative to average, indicating market activity level
FLOW Flow velocity value describing price momentum magnitude and direction
TURBULENCE Turbulence level indicating sudden bursts or spikes in price movement
PROGRESS Oscillator's position mapped as a percentage (0% to 100%) showing proximity to extreme levels
Rows Explained
• Row 1 (Header): Labels for each metric.
• Row 2 (Values): Current numerical or descriptive values color-coded along a professional scheme:
o Green or lime tones indicate positive or bullish conditions.
o Red or orange tones indicate caution, sell signals, or bearish conditions.
o Blue tones indicate neutral or stable conditions.
• Row 3 (Status Indicators): Emoji-like icons and bars provide a quick visual gauge of each metric's intensity or signal strength:
o For example, "🟢🟢🟢" suggests very strong bullish momentum, while "🔴🔴🔴" suggests strong bearish momentum.
o Progress bar visually demonstrates oscillator movement toward oversold or overbought extremes.
________________________________________
Practical Interpretation Tips
• A Buy signal with green colors and strong momentum usually precedes upward price moves.
• An Overbought status with red background and red table colors warns of potential price corrections or reversals.
• Watch the Turbulence to gauge market instability; spikes may precede price shocks or volatility bursts.
• Confirm signals with the Trend and Momentum columns to avoid false entries.
• Use the Progress bar to anticipate oscillations approaching key threshold levels for timing trades.
________________________________________
Alerts
The oscillator supports alerts for:
• Buy and sell signals based on oscillator crossovers.
• Overbought and oversold levels reached.
These help traders automate awareness of important market conditions.
________________________________________
Disclaimer
The FluidFlow Oscillator and its signals are for educational and informational purposes only. They do not guarantee profits and should not be considered as financial advice. Always conduct your own research and use proper risk management when trading. Past performance is not indicative of future results.
________________________________________
This detailed explanation should help you understand the workings of the FluidFlow Oscillator, its components, signal logic, and how to analyze its professional dashboard for informed trading decisions.
Trendlines Oscillator [LuxAlgo]The Trendlines Oscillator helps traders identify trends and momentum based on the normalized distances between the current price and the most recently detected bullish and bearish trend lines.
The indicator features bullish and bearish momentum, a signal line with crossings, and multiple smoothing options.
🔶 USAGE
The indicator displays three lines: two for momentum and one for the signal. When one of the momentum lines (bullish or bearish) crosses the signal line, the tool displays a dot to indicate which momentum is gaining strength.
As a general rule, when the green bullish momentum line is above the red bearish momentum line, it indicates buyer strength. This means that the actual prices are farther from the support trend lines than the resistance trend lines. The opposite is true for seller strength.
To calculate bullish momentum, the tool first identifies bullish trend lines acting as support below the price. Then, it measures the delta between the price and those trend lines and normalizes the reading into the displayed momentum values.
The same process is used for bearish momentum, but with bearish trendlines acting as resistance above the price.
🔹 Length & Memory
Modifying the Length and Memory values will cause the tool to display different momentum values.
Traders can adjust the length to detect larger trendlines and adjust the memory to indicate how many trendlines the tool should consider.
As the chart above shows, smaller values make the tool more responsive, while larger values are useful for detecting larger trends.
🔹 Smoothing
By default, the data is not smoothed, and the signal uses a triangular moving average with a length of 10. Traders can smooth both the data and the signal line.
Traders can choose from up to ten different methods, or none. Some examples are shown on the chart above.
🔶 DETAILS
The steps for the calculations are as follows:
1. Gather the pivots, highs, and lows.
ph = fixnan(ta.pivothigh(lengthInput, lengthInput))
pl = fixnan(ta.pivotlow(lengthInput, lengthInput))
2. Calculate the slope and y-intercept for each trendline between contiguous lower highs (resistance) or higher lows (support).
if ph < ph
slope = (ph - ph )/(n-lengthInput - phx1)
res.unshift(l.new(ph - slope * phx1, slope))
if pl > pl
slope = (pl - pl )/(n-lengthInput - plx1)
sup.unshift(l.new(pl - slope * plx1, slope))
3. Calculate the value of each trendline on the current bar, then calculate the difference with the current price (delta). To calculate the relative sum of deltas, only consider trendlines below the price for support or above the price for resistance.
method get_point(l id, x)=>
id.slope * x + id.intercept
for element in sup
point = element.get_point(n)
if sourceInput > point
sup_sum += sourceInput - point
sup_den += math.abs(sourceInput - point)
for element in res
point = element.get_point(n)
if sourceInput < point
res_sum += point - sourceInput
res_den += math.abs(point - sourceInput)
4. Normalize the value from 0 to 100 by taking the sum of the relative values of the deltas divided by the sum of the absolute values of the deltas.
float supportLine = sup_sum / sup_den * 100
float resistanceLine = res_sum / res_den * 100
5. Smooth both values, then calculate the signal line as the difference between them.
float smoothSupport = smooth(supportLine,dataSmoothingInput,dataSmoothingLengthInput)
float smoothResistance = smooth(resistanceLine,dataSmoothingInput,dataSmoothingLengthInput)
float signal = math.abs(smoothSupport - smoothResistance)
float signalLine = smooth(signal,smoothingInput,smoothingLengthInput)
6. Calculate the crossing signals against the signal line, using only the first signal from each series of bullish or bearish crossings.
bullSignal = smoothSupport > signalLine and smoothSupport < signalLine
bearSignal = smoothResistance > signalLine and smoothResistance < signalLine
lastSignal := bullSignal and lastSignal == BEAR ? BULL : bearSignal and lastSignal == BULL ? BEAR : lastSignal
firstBull = ta.change(lastSignal) > 0
firstBear = ta.change(lastSignal) < 0
🔶 SETTINGS
Length: The size of the market structure used for trendline detection.
Memory: The number of trendlines used in calculations.
Source: The source for the calculations is closing prices by default.
🔹 Smoothing
Data Smoothing: Choose the smoothing method and length
Signal Smoothing: Choose the smoothing method and length
RSI Dynamic Bands█ OVERVIEW
The "RSI Dynamic Bands" indicator is a variant of the Relative Strength Index (RSI) oscillator that brings its signals directly onto the price chart. It displays dynamic bands around the price, adjusted based on RSI levels, enabling easy identification of potential overbought or oversold conditions. The indicator also integrates a multi-timeframe RSI table, facilitating the analysis of trend strength across different timeframes.
█ CONCEPTS
The "RSI Dynamic Bands" indicator is designed to simplify the interpretation of price levels in the context of support and resistance zones, which can be correlated with other technical indicators and RSI values. Since the price itself does not display RSI values, a table showing RSI for four selected timeframes has been added, allowing traders to quickly assess trend strength across different time intervals. The most effective approach is to combine the indicator with other technical analysis tools, such as Fibonacci levels or pivot points, to confirm signals when the price approaches the bands and RSI values indicate a potential reversal.
Band Calculation
The bands are calculated based on the current closing price and RSI values, incorporating dynamic scaling to better adapt to market conditions. The formulas for the bands are as follows:
• Upper Band: close + (rsiUpper - rsi) * scaleFactor, where rsiUpper is the upper RSI level (default: 70), and scaleFactor accounts for market volatility.
• Lower Band: close + (rsiLower - rsi) * scaleFactor, where rsiLower is the lower RSI level (default: 30).
• Midline: The arithmetic average of the upper and lower bands: (upperBand + lowerBand) / 2.
Why Scaling? Without scaling, the bands would be chaotic and jagged, making them difficult to interpret. Scaling smooths the bands, making them wider during periods of high volatility and narrower during consolidation, better reflecting potential support and resistance levels.
Indicator Features
• Dynamic Price Bands: The bands adapt to market conditions, facilitating the identification of key price levels.
• Multi-Timeframe RSI Table: Displays RSI values for four selected timeframes (default: 15m, 1h, 4h, Daily), enabling comparison of trend strength across different perspectives.
• Style Customization: Users can adjust band colors, line thickness, and toggle the visibility of bands, fills, and the table.
How to Set Up the Indicator
1 — Add the "RSI Dynamic Bands" indicator to your TradingView chart.
2 — Configure parameters in the settings, such as RSI length, upper/lower levels, and scaling multiplier, to match your trading style.
3 — Enable or disable the display of bands, fills, or the RSI table based on your needs.
4 — Adjust band and table colors in the input section and line thickness in the "Style" section to better align the indicator with your chart.
█ OTHER SECTIONS
FEATURES
• RSI Length: The period for calculating RSI (default: 14).
• RSI Levels: Thresholds for overbought (default: 70) and oversold (default: 30).
• Scaling Multiplier: Adjusts bands based on market volatility (default: 0.15).
• Table Timeframes: Select four timeframes for the RSI table (default: 15m, 1h, 4h, Daily).
• Style Options: Customize band colors, fills, table, and line thickness.
HOW TO USE
Add the indicator to your chart, configure the parameters, and observe price interactions with the bands to identify potential entry and exit points. The RSI table allows you to compare RSI values across different timeframes, aiding in trading decisions. The most effective approach is to combine the indicator with other technical analysis tools, such as Fibonacci levels or pivot points, to confirm signals when the price approaches the bands and RSI values indicate a potential reversal.
Trading Strategies:
• Scalping: Use lower timeframes (e.g., 5m, 15m) in the RSI table to quickly identify short-term lows and highs. Wait for the price to approach the lower band in the RSI oversold zone, with RSI on lower timeframes starting to rise, and other tools, such as Fibonacci levels (e.g., 38.2%) or pivot points, confirming support.
• Medium-Term Trading: Focus on 1h and 4h timeframes. Look for confirmation of a low on a lower timeframe (e.g., 1h), where RSI indicates oversold conditions or starts rising, then check if RSI on a higher timeframe (e.g., 4h) confirms the trend. Confirmation from other tools, such as a Fibonacci level (e.g., 50%) or pivot point near the bands, strengthens the signal.
• Long-Term Trading: Use Daily and higher timeframes (e.g., Weekly). Wait for all relevant timeframes to confirm a low (e.g., RSI near oversold and price at the lower band), with lower timeframes (e.g., 4h) showing rising RSI. Other tools, such as Fibonacci levels (e.g., 61.8%) or pivot points near the bands, can further confirm a trend reversal signal.
SigmoidCycle Oscillator [LuminoAlgo]Purpose:
The SineCycle Oscillator measures price momentum using sigmoid function mathematics (S-curve transformation) borrowed from neural network theory. It generates an oscillator that fluctuates around 1.0, identifying momentum shifts and potential reversal points.
Mathematical Foundation:
This indicator applies the sigmoid logistic function concept: y = 1/(1+e^-x) , which creates an S-shaped curve. In financial markets context, this transformation:
- Maps price changes to a bounded range (-1 to +1)
- Provides non-linear sensitivity (high near zero, low at extremes)
- Naturally filters outliers without lag penalty
Calculation Process:
1. Statistical Normalization: Price deviations are measured from a moving average baseline and scaled by recent volatility (standard deviation over N periods)
2. Sigmoid Transformation: Normalized values undergo S-curve transformation, which weights small movements linearly but compresses large movements logarithmically
3. Dual Timeframe Analysis:
• Short window: User-defined period (N)
• Long window: Double period (2N)
• Ratio calculation: Short sigmoid average ÷ Long sigmoid average
4. Volatility-Weighted Smoothing: Final values use exponential smoothing where the smoothing factor adjusts based on the coefficient of variation (volatility/mean ratio)
What Makes This Different:
Unlike linear momentum oscillators (RSI, Stochastic) that use fixed mathematical relationships, the sigmoid transformation creates variable sensitivity zones. This mimics how professional traders mentally weight price movements.
Trading Application:
Signal Types:
- Momentum: Green (>1.0) = bullish, Red (<1.0) = bearish
- Reversals: 1.0 line crosses with volume confirmation
- Divergence: Price makes new high/low, oscillator doesn't
- Exhaustion: Extended readings (>1.2 or <0.8) suggest overextension
Optimal Conditions:
- Works best: Trending markets with clear swings
- Avoid: Low volume, ranging markets under 1% daily movement
- Timeframes: 4H and above for reliability
Parameter Guidelines:
- Length 8-10: Day trading (expect more whipsaws)
- Length 14-20: Swing trading (balanced signals)
- Length 25-30: Position trading (fewer, stronger signals)
Limitations:
- Lag increases with higher length settings
- Can give false signals during news-driven spikes
- Requires additional confirmation in choppy markets
Trading Framework:
Based on momentum persistence theory - assumes trends continue until sigmoid curve flattens (indicating momentum exhaustion). The mathematical model captures both mean reversion (extreme readings) and trend following (mid-range readings) characteristics.
